EMFIX Alternatives & Similar Mutual Funds

Ashmore Emerging Markets Equity Fund (EMFIX) belongs to the Emerging Markets Equities category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with EMFIX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.

Cheapest Alternatives to EMFIX

EMFIX charges 1.17% annually. There are 130 mutual funds in the Emerging Markets Equities category with lower expense ratios, going as low as 0.01%.

Symbol	Name	Expense Ratio	AUM	Inception
FEMSX	Fidelity Series Emerging Markets Opportunities Fun...	0.01%	—	Dec 2008	EMFIX vs FEMSX
FHKFX	Fidelity Series Emerging Markets Fund	0.01%	—	Aug 2018	EMFIX vs FHKFX
VEMIX	Vanguard Emerging Markets Stock Index Fund Institu...	0.06%	—	Jun 2000	EMFIX vs VEMIX
FERGX	Fidelity SAI Emerging Markets Index Fund	0.08%	—	Jan 2016	EMFIX vs FERGX
FPADX	Fidelity Emerging Markets Index Fund	0.08%	—	Sep 2011	EMFIX vs FPADX

Best Risk-Adjusted Alternatives to EMFIX

EMFIX has a PortfoliosLab risk / return rank of 81. There are 31 mutual funds in the Emerging Markets Equities category with higher risk-adjusted ranks, going as high as 96.

Symbol	Name	Risk / Return Rank	AUM	Inception
RLEMX	Lazard Emerging Markets Equity Portfolio Class R6	96	—	—	EMFIX vs RLEMX
LZEMX	Lazard Emerging Markets Equity Portfolio	95	—	Jul 1994	EMFIX vs LZEMX
DEMIX	Delaware Emerging Markets Fund	92	—	Jun 1996	EMFIX vs DEMIX
DEMAX	Nomura Emerging Markets Fund Class A	92	—	Jun 1996	EMFIX vs DEMAX
DEMCX	Nomura Emerging Markets Fund Class C	92	—	Jun 1996	EMFIX vs DEMCX

Top Performing EMFIX Alternatives (YTD)

EMFIX is at 23.37% YTD. There are 32 mutual funds in the Emerging Markets Equities category with higher YTD returns, going as high as 77.44%.

Symbol	Name	YTD Return	AUM	Inception
DEMIX	Delaware Emerging Markets Fund	77.44%	—	Jun 1996	EMFIX vs DEMIX
DEMAX	Nomura Emerging Markets Fund Class A	77.19%	—	Jun 1996	EMFIX vs DEMAX
DEMCX	Nomura Emerging Markets Fund Class C	76.42%	—	Jun 1996	EMFIX vs DEMCX
FQEMX	Franklin Templeton SMACS: Series EM	55.40%	—	Nov 2021	EMFIX vs FQEMX
GMAQX	GMO Emerging Markets ex-China Fund	40.55%	—	Oct 2021	EMFIX vs GMAQX

Lowest Volatility Alternatives to EMFIX

EMFIX has 22.24% 1-year volatility. There are 108 mutual funds in the Emerging Markets Equities category with lower 1-year volatility, going as low as 9.86%.

Symbol	Name	Volatility 1Y	AUM	Inception
GSIYX	Goldman Sachs GQG Partners International Opportuni...	9.86%	—	Dec 2016	EMFIX vs GSIYX
ESCIX	Ashmore Emerging Markets Small Cap Equity Fund	10.28%	—	Oct 2011	EMFIX vs ESCIX
GQGPX	GQG Partners Emerging Markets Equity Fund	11.51%	—	Dec 2016	EMFIX vs GQGPX
GQGIX	GQG Partners Emerging Markets Equity Fund Institut...	11.53%	—	—	EMFIX vs GQGIX
FGKPX	Fidelity SAI Emerging Markets Low Volatility Index...	11.80%	—	Jan 2019	EMFIX vs FGKPX

Lowest Drawdown Alternatives to EMFIX

EMFIX has a 1-year max drawdown of -13.24%. There are 73 mutual funds in the Emerging Markets Equities category with shallower 1-year drawdowns, going as shallow as -5.70%.

Symbol	Name	Max Drawdown 1Y	AUM	Inception
ESCIX	Ashmore Emerging Markets Small Cap Equity Fund	-5.70%	—	Oct 2011	EMFIX vs ESCIX
FGKPX	Fidelity SAI Emerging Markets Low Volatility Index...	-6.93%	—	Jan 2019	EMFIX vs FGKPX
GSIYX	Goldman Sachs GQG Partners International Opportuni...	-7.81%	—	Dec 2016	EMFIX vs GSIYX
BADEX	BlackRock Defensive Advantage Emerging Markets Fun...	-8.89%	—	Dec 2020	EMFIX vs BADEX
COBYX	The Cook & Bynum Fund	-8.95%	—	Jun 2009	EMFIX vs COBYX

Other Mutual Funds from Ashmore

The 9 most viewed Ashmore mutual funds shown here include EFEIX, ESIGX, EMKIX and span 3 categories.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
EFEIX	Ashmore Emerging Markets Frontier Equity Fund	Emerging Markets Equities	22	4.09%	—	Nov 2013	EMFIX vs EFEIX
ESIGX	Ashmore Emerging Markets Equity ESG Fund	Emerging Markets Equities	84	23.07%	—	Feb 2020	EMFIX vs ESIGX
EMKIX	Ashmore Emerging Markets Total Return Fund	Emerging Markets Bonds	61	1.79%	—	Dec 2010	EMFIX vs EMKIX
ESDIX	Ashmore Emerging Markets Short Duration Select Fun...	Emerging Markets Bonds	—	—	—	Jun 2020	EMFIX vs ESDIX
EMCIX	Ashmore Emerging Markets Corporate Income Fund	Emerging Markets Bonds	47	2.88%	—	Dec 2010	EMFIX vs EMCIX
ESFIX	Ashmore Emerging Markets Short Duration Fund	Emerging Markets Bonds	26	2.70%	—	Jun 2014	EMFIX vs ESFIX
EMQIX	Ashmore Emerging Markets Active Equity Fund	Emerging Markets Equities	—	—	—	Oct 2016	EMFIX vs EMQIX
IGIEX	Ashmore Emerging Markets Investment Grade Income F...	Emerging Markets Bonds, Investment Grade Bonds	90	2.85%	—	Sep 2020	EMFIX vs IGIEX
ELBIX	Ashmore Emerging Markets Local Currency Bond Fund	Emerging Markets Bonds	—	—	—	Dec 2010	EMFIX vs ELBIX

Often Compared With EMFIX

Investors most often compare EMFIX with MEMX, EMXC, EEM. These 20 comparison targets span 1 categories, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
MEMX	Matthews Emerging Markets Ex China Active ETF	Emerging Markets Equities	73	21.74%	52.30M	Jan 2023	EMFIX vs MEMX
EMXC	iShares MSCI Emerging Markets ex China ETF	Emerging Markets Equities	78	28.12%	23.65B	Jul 2017	EMFIX vs EMXC
EEM	iShares MSCI Emerging Markets ETF	Emerging Markets Equities	64	18.18%	29.16B	Apr 2003	EMFIX vs EEM
SCHE	Schwab Emerging Markets Equity ETF	Emerging Markets Equities	52	10.49%	12.59B	Jan 2010	EMFIX vs SCHE
DRESX	Driehaus Emerging Markets Small Cap Growth Fund	Emerging Markets Equities	22	4.11%	—	Aug 2011	EMFIX vs DRESX
FCEEX	Franklin Emerging Market Core Equity (IU) Fund Adv...	Emerging Markets Equities	65	19.99%	—	Jul 2019	EMFIX vs FCEEX
EITEX	Parametric Tax-Managed Emerging Markets Fund	Emerging Markets Equities	59	9.39%	—	Jun 1998	EMFIX vs EITEX
CEMFX	Cullen Emerging Markets High Dividend Fund	Emerging Markets Equities	79	20.10%	—	Aug 2012	EMFIX vs CEMFX
DODEX	Dodge & Cox Emerging Markets Stock Fund	Emerging Markets Equities	90	21.50%	—	May 2021	EMFIX vs DODEX
EAEMX	Parametric Emerging Markets Fund	Emerging Markets Equities	58	9.31%	—	Jun 2006	EMFIX vs EAEMX
GLLSX	abrdn Emerging Markets ex-China Fund	Emerging Markets Equities	82	31.84%	—	Aug 2000	EMFIX vs GLLSX
HLFMX	Harding Loevner Frontier Emerging Markets Fund	Emerging Markets Equities	25	5.94%	—	May 2008	EMFIX vs HLFMX
SSKEX	State Street Emerging Markets Equity Index Fund	Emerging Markets Equities	73	21.11%	—	Dec 2015	EMFIX vs SSKEX
WAEMX	Wasatch Emerging Markets Small Cap Fund	Emerging Markets Equities	34	13.53%	—	Sep 2007	EMFIX vs WAEMX
BEMIX	Brandes Emerging Markets Fund	Emerging Markets Equities	90	22.30%	—	Jan 2011	EMFIX vs BEMIX
EMPTX	UBS Emerging Markets Equity Opportunity Fund	Emerging Markets Equities	81	21.29%	—	May 2018	EMFIX vs EMPTX
LCSMX	Martin Currie SMA-Shares Series EM Fund	Emerging Markets Equities	84	37.97%	—	Jan 2018	EMFIX vs LCSMX
TEQLX	TIAA-CREF Emerging Markets Equity Index Fund	Emerging Markets Equities	58	18.66%	—	Aug 2010	EMFIX vs TEQLX
VIESX	Virtus KAR Emerging Markets Small-Cap Fund	Emerging Markets Equities	6	2.32%	—	Dec 2013	EMFIX vs VIESX
LVAZX	LSV Emerging Markets Equity Fund	Emerging Markets Equities	88	25.74%	—	Jan 2019	EMFIX vs LVAZX

Compare EMFIX with Any Fund or Stock

Compare EMFIX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.

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Diversifiers

Pair EMFIX with funds that move differently

Ashmore Emerging Markets Equity Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to EMFIX.

Explore EMFIX Diversifiers

Ashmore Emerging Markets Equity Fund (EMFIX) Alternatives